Helpful Guidance To Franchisors On Implementing New Revenue Recognition Standards

Helpful guidance to franchisors

FisherZucker partner Joe Dunn was part of the IFA taskforce charged with addressing how the new standard alters the way in which franchisors can recognize initial franchise fees in their audited financial statement.  After much consultation with the SEC and the Financial Accounting Standards Board (FASB), which governs auditing standards in the United States, we’re pleased to say that we’ve obtained some helpful clarity and guidance. Under the present standard,

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IT’S MORE THAN YOUR CORE… GLOCALIZE-ING YOUR BRAND

IT’S MORE THAN YOUR CORE… GLOCALIZE-ING YOUR BRAND

  Typically, newer franchisors seem to be a bit overwhelmed when facing their first few international franchise transactions. While the prospect of getting an oftentimes large, up-front franchise fee or master franchise adds an undeniable level of excitement to the deal, franchisors must also deal with (a) the general apprehension associated with letting another be the steward of their brand in a country that is more than a 10-hour flight

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